Property profile

301 Congress Ave Boynton Beach, FL 33426

OFF-MARKET
Grocery and convenience stores
Property ID
US18-3476116
1,885 SF 0.67 ac lot Built 1971
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,681 square foot flex space property, located at 301 N Congress Ave in Delray Beach, Florida (zip code 33445), presents a lucrative investment opportunity. The property, known as Congress Commerce Center, is ideally suited for a variety of uses, including showroom space, offices, light manufacturing, or storage. The building features two grade-level motorized overhead doors, providing convenient access for loading and unloading. Inside, you'll find four private offices, enhancing privacy and productivity. Security is ensured with controlled access and security cameras. The property boasts a comfortable climate-controlled environment thanks to HVAC systems in both the warehouse and office areas. Employee and visitor convenience is maximized with a full kitchen and two bathrooms. Built with durability and safety in mind, the building includes hurricane impact windows. The property is situated in Palm Beach County and offers a quarterly association fee of $2,308.54. This versatile and well-equipped space is ready for immediate occupancy and represents a strong investment in a desirable location. The asking price for this exceptional property is $1,750,000.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1971
Construction CONCRETE
Total area 1,885 SF
Lot 0.67 ac (29,329 SF)
Zoning code C3
APN 08-43-45-30-01-001-0012
UPID US18-3476116

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station

Location

301 Congress Ave Boynton Beach, FL 33426-3415
Boynton Beach metro Census 6012 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
$560k
Comparable Approach Comparable
$539k
Blend (final) Blend
$550k

Owner & transaction history

Zoning & alternative use

C3 · Boynton Beach, FL
Zoning description

the words "commercial district" or "commercial zoning district" are used, they are construed to include any or all of the following zoning districts: C-1 office and professional commercial; C-2 neighborhood commercial; C…

General category COMMERCIAL
Top alternative use upside
Retail stores $765,000 +2.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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